Keeping you up to date on the latest data releases.
- Consumer Credit
In November, total consumer credit increased at a seasonally-adjusted annual rate of 7.0 percent, bringing total consumer credit outstanding to $2,768.5 billion. Revolving credit increased at an annual rate of 1.1 percent, while nonrevolving credit increased at an annual rate of 9.6 percent, led by borrowing for students loans and autos. The current data release carries no significant revisions to October’s preliminary numbers.